principles: unquestioning support for the peoples democratic dictatorship, CCP
leadership, socialism, and MarxismLeninismMao Zedong Thought.
Dengs chosen successor, Jiang Zemin, eases slowly into power, remaining in Dengs shadow until the latters formal retirement at the end of 1992. Thereafter, Jiang and his chief economic troubleshooter, Vice-Premier (later Premier) Zhu The Communist Rongji successfully resolve a series of growing Party maintains economic problems by taming rampant inflation, marketizing Chinas state-owned enterprises, and its exclusive reforming Chinas dysfunctional banking and tax monopoly on systems. By the time Deng dies in 1997, Chinas political power, economy is humming on all cylinders, averaging and no dissent is 10 percent annual growth. tolerated. Early in the new century, Jiang attempts to reform the Communist Party. Introducing his theory of the three represents, Jiang encourages recruitment of members of Chinas new class of capitalist entrepreneurs into the CCP. Several million capitalists respond to his call. With Jiangs retirement in 2003, a new generation of socialist technocrats assumes power. Led by the new PRC president and party chief Hu Jintao, Chinas leaders begin to address burgeoning problems of unbalanced economic growth, extreme income polarization, environmental degradation, and bureaucratic corruption. Under the slogan building a harmonious society, the new leaders begin to restore welfare benefits eliminated during the headlong rush to privatize the economy in the 1990s. Hu pledges to restore tuition-free public education; subsidized health care; unemployment benefits; and retirement pensions for workers, peasants, and migrant laborers. Though they promote progressive social policies, the new Chinese leaders do not initiate significant political reforms. The Communist Party maintains its exclusive monopoly on political power, and no dissent is tolerated. The mass media in China remain routinely subject to censorship, and all putative challenges to CCP leadership are met with repressive force. Examples of such repression were readily seen during the run-up to the Beijing Olympics 7